About Symphony Limited
Data last updated:
Symphony Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 05 February 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L32201GJ1988PLC010331. Its GSTIN is 24AACCS6739B1ZK (Gujarat). The company holds 35 GST registrations, of which 24 are active. Its shares are listed on BSE: 517385 and NSE: SYMPHONY.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹13.73 Cr. It was formerly known as Symphony Comfort Systems Pvt Ltd and Symphony Comfort Systems Ltd. It is led by directors including Achal Anil Bakeri (Managing Director) and Nrupesh Chandravadan Shah (Managing Director).
Its last annual general meeting (AGM) was held on 01 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Symphony House Third Floor Fp – 12 Tp – 50 Off S.G. Highway Bodakdev, Ahmedabad, Gujarat, India – 380059.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹1,171.57 Cr, a decline of 27.8% compared to the previous year. For the same year it recorded a net profit of ₹19.35 Cr (net margin 1.7%) and EBITDA of -₹82.03 Cr (EBITDA margin -7%). The net worth stands at ₹545.22 Cr (down 28.3% YoY). Total assets are valued at ₹731.19 Cr (down 20% YoY).
The company has about 457 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Symphony Limited. As per MCA filings, the company has open charges of ₹431.39 Cr and satisfied charges of ₹403.06 Cr on record. Court records list 166 cases involving the company, including 125 filed by the company and 35 filed against it; 12 cases are pending. The company has 11 deals on record (11 market trades); the latest was in May 2025. Its 10 peer companies in the Consumer Durables industry (Electronic Appliances Manufacturing) are compared by revenue, 5 larger and 5 smaller; the largest is HBL Engineering Limited with revenue of ₹1,993.29 Cr. The company has 22 MSME Form 1 returns on record between 2017 and 2023, listing 2,912 overdue payments to 185 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website symphonylimited.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressSymphony House Third Floor Fp – 12 Tp – 50 Off S.G. Highway Bodakdev, Ahmedabad, Gujarat, India – 380059
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of Symphony Limited
The main business activity of Symphony is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Symphony Limited FY 2025-26 filings available
Symphony Limited reported revenue of ₹1,171.57 Cr (down 27.8% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 1,172 | 1,624 | 1,193 | 1,227 | 1,082 | 999 | 1,103 |
| Revenue growth | -27.8% | +36.0% | -2.8% | +13.4% | +8.3% | -9.4% | - |
| EBITDA | (82.03) | 266 | 168 | 140 | 162 | 133 | 209 |
| EBITDA margin | -7.0% | +16.4% | +14.1% | +11.4% | +15.0% | +13.3% | +19.0% |
| Profit before tax | (59.24) | 280 | 181 | 152 | 168 | 131 | 230 |
| Net profit | 19.35 | 244 | 147 | 116 | 120 | 112 | 184 |
| Net profit margin | +1.7% | +15.1% | +12.3% | +9.5% | +11.1% | +11.3% | +16.7% |
| EPS (₹) | (20.55) | 30.95 | 21.48 | 16.64 | 17.20 | 15.35 | 25.94 |
| Balance sheet | |||||||
| Total assets | 731 | 913 | 932 | 1,124 | 1,109 | 993 | 863 |
| Net worth | 545 | 761 | 749 | 881 | 839 | 759 | 639 |
| Total debt | 173 | 142 | 170 | 232 | 254 | 219 | 210 |
| Cash & bank | 52.14 | 37.55 | 43.65 | 56.72 | 67.55 | 38.49 | 25.44 |
| Net working capital | 279 | 112 | 203 | 234 | 261 | 147 | 133 |
| Cash flow | |||||||
| Cash from operations | (81.15) | 259 | 162 | 125 | 56.84 | 88.66 | 157 |
| Cash from investing | 190 | (41.27) | 193 | (11.57) | 6.28 | (53.37) | 78.13 |
| Cash from financing | (94.59) | (224) | (367) | (124) | (33.76) | (21.33) | (241) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 378 | 338 | 233 | 163 | 251 | 488 | 242 | 289 |
| Revenue growth (YoY) | +50.6% | -30.7% | -3.7% | -43.6% | -36.1% | - | - | - |
| Other income | 13.00 | 13.00 | 12.00 | 13.00 | 29.00 | 11.00 | 7.00 | 18.00 |
| EBITDA | 46.00 | (159) | 24.00 | 18.00 | 26.00 | 107 | (17.00) | 63.00 |
| EBITDA margin | +12.2% | -47.0% | +10.3% | +11.0% | +10.4% | +21.9% | -7.0% | +21.8% |
| Depreciation | 6.00 | 6.00 | 5.00 | 3.00 | 2.00 | 5.00 | 6.00 | 2.00 |
| Interest | 3.00 | 5.00 | 4.00 | 0.00 | 0.00 | 3.00 | 2.00 | 0.00 |
| Profit before tax | 50.00 | (157) | 27.00 | 28.00 | 53.00 | 110 | (18.00) | 79.00 |
| Tax | 10.00 | 61.00 | 8.00 | 9.00 | 11.00 | 31.00 | (8.00) | 23.00 |
| Net profit | 40.00 | (218) | 19.00 | 19.00 | 42.00 | 79.00 | (10.00) | 56.00 |
| EPS (₹) | 5.77 | (31.87) | 2.74 | 2.76 | 6.08 | 11.39 | (1.37) | 8.11 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 774 | 1,198 | 806 | 898 | 651 | 496 | 716 |
| Revenue growth | -35.4% | +48.6% | -10.2% | +38.0% | +31.2% | -30.8% | - |
| EBITDA | (179) | 200 | 153 | 177 | 115 | 117 | 200 |
| EBITDA margin | -23.1% | +16.7% | +19.0% | +19.7% | +17.7% | +23.6% | +27.9% |
| Profit before tax | (127) | 242 | 195 | 216 | 146 | 147 | 240 |
| Net profit | 81.22 | 238 | 159 | 164 | 111 | 112 | 187 |
| Net profit margin | +10.5% | +19.9% | +19.7% | +18.3% | +17.0% | +22.7% | +26.1% |
| EPS (₹) | (24.21) | 25.62 | 22.20 | 23.56 | 15.84 | 16.06 | 26.58 |
| Balance sheet | |||||||
| Total assets | 520 | 771 | 774 | 934 | 867 | 761 | 650 |
| Net worth | 520 | 771 | 774 | 912 | 826 | 761 | 649 |
| Total debt | 0.00 | 0.00 | 0.00 | 21.95 | 40.41 | 0.00 | 0.68 |
| Cash & bank | 20.71 | 21.52 | 23.74 | 48.87 | 14.46 | 25.27 | 6.57 |
| Net working capital | 104 | (3.52) | 72.42 | 171 | 141 | 67.80 | 76.11 |
| Cash flow | |||||||
| Cash from operations | 16.18 | 253 | 195 | 136 | 7.91 | 101 | 117 |
| Cash from investing | 65.53 | (76.95) | 93.93 | (11.51) | (8.31) | (73.58) | 79.68 |
| Cash from financing | (82.58) | (179) | (313) | (89.54) | (10.11) | (7.95) | (208) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 241 | 199 | 182 | 155 | 229 | 368 | 182 | 259 |
| Revenue growth (YoY) | +5.2% | -45.9% | 0.0% | -40.2% | -38.6% | - | - | - |
| Other income | 11.00 | 11.00 | 14.00 | 13.00 | 27.00 | 12.00 | 7.00 | 20.00 |
| Total expenses | 213 | 466 | 151 | 128 | 206 | 310 | 195 | 187 |
| EBITDA | 28.00 | (267) | 31.00 | 27.00 | 23.00 | 58.00 | (13.00) | 72.00 |
| EBITDA margin | +11.6% | -134.2% | +17.0% | +17.4% | +10.0% | +15.8% | -7.1% | +27.8% |
| Depreciation | 2.00 | 1.00 | 2.00 | 2.00 | 1.00 | 2.00 | 1.00 | 2.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 37.00 | (257) | 43.00 | 38.00 | 49.00 | 68.00 | (7.00) | 90.00 |
| Tax | 9.00 | 8.00 | 9.00 | 10.00 | 12.00 | 24.00 | (3.00) | 23.00 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 378 | 338 | 233 | 163 | 251 | 488 | 242 | 289 |
| Revenue growth (YoY) | +50.6% | -30.7% | -3.7% | -43.6% | -36.1% | - | - | - |
| Other income | 13.00 | 13.00 | 12.00 | 13.00 | 29.00 | 11.00 | 7.00 | 18.00 |
| EBITDA | 46.00 | (159) | 24.00 | 18.00 | 26.00 | 107 | (17.00) | 63.00 |
| EBITDA margin | +12.2% | -47.0% | +10.3% | +11.0% | +10.4% | +21.9% | -7.0% | +21.8% |
| Depreciation | 6.00 | 6.00 | 5.00 | 3.00 | 2.00 | 5.00 | 6.00 | 2.00 |
| Interest | 3.00 | 5.00 | 4.00 | 0.00 | 0.00 | 3.00 | 2.00 | 0.00 |
| Profit before tax | 50.00 | (157) | 27.00 | 28.00 | 53.00 | 110 | (18.00) | 79.00 |
| Tax | 10.00 | 61.00 | 8.00 | 9.00 | 11.00 | 31.00 | (8.00) | 23.00 |
| Net profit | 40.00 | (218) | 19.00 | 19.00 | 42.00 | 79.00 | (10.00) | 56.00 |
| EPS (₹) | 5.77 | (31.87) | 2.74 | 2.76 | 6.08 | 11.39 | (1.37) | 8.11 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 1,172 | 1,624 | 1,193 | 1,227 | 1,082 | 999 | 1,103 |
| Revenue growth | -27.8% | +36.0% | -2.8% | +13.4% | +8.3% | -9.4% | - |
| Other income | 60.77 | 47.03 | 50.73 | 50.23 | 39.93 | 31.40 | 54.72 |
| Total expenses | 1,254 | 1,358 | 1,025 | 1,088 | 920 | 866 | 893 |
| Employee cost | 136 | 126 | 121 | 124 | 116 | 103 | 113 |
| EBITDA | (82.03) | 266 | 168 | 140 | 162 | 133 | 209 |
| EBITDA margin | -7.0% | +16.4% | +14.1% | +11.4% | +15.0% | +13.3% | +19.0% |
| Depreciation | 19.71 | 22.24 | 25.83 | 26.45 | 24.18 | 21.42 | 21.15 |
| Interest | 18.27 | 11.25 | 11.98 | 11.64 | 10.35 | 12.05 | 12.57 |
| Profit before tax | (59.24) | 280 | 181 | 152 | 168 | 131 | 230 |
| Tax | 81.81 | 67.09 | 32.82 | 36.06 | 46.66 | 23.76 | 48.70 |
| Net profit | 19.35 | 244 | 147 | 116 | 120 | 112 | 184 |
| Net profit margin | +1.7% | +15.1% | +12.3% | +9.5% | +11.1% | +11.3% | +16.7% |
| EPS (₹) | (20.55) | 30.95 | 21.48 | 16.64 | 17.20 | 15.35 | 25.94 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 13.73 | 13.73 | 13.79 | 13.99 | 13.99 | 13.99 | 13.99 |
| Reserves & surplus | 531 | 747 | 735 | 867 | 825 | 745 | 625 |
| Shareholders' funds (net worth) | 545 | 761 | 749 | 881 | 839 | 759 | 639 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 5.34 | 4.70 | 4.25 |
| Secured loans | 0.00 | 53.67 | 81.66 | 132 | 219 | 184 | 0.00 |
| Unsecured loans | 173 | 88.00 | 88.24 | 99.51 | 35.14 | 34.77 | 210 |
| Total debt | 173 | 142 | 170 | 232 | 254 | 219 | 210 |
| Total liabilities | 731 | 913 | 932 | 1,124 | 1,109 | 993 | 863 |
| Assets | |||||||
| Gross block | 381 | 493 | 492 | 504 | 485 | 458 | 402 |
| Net block | 171 | 322 | 327 | 351 | 355 | 354 | 318 |
| Capital work in progress | 0.00 | 0.00 | 0.05 | 0.24 | 0.34 | 0.48 | 1.83 |
| Investments | 268 | 440 | 373 | 527 | 500 | 484 | 412 |
| Inventories | 312 | 284 | 231 | 250 | 173 | 118 | 118 |
| Sundry debtors | 151 | 141 | 168 | 115 | 208 | 166 | 121 |
| Cash & bank balances | 52.14 | 37.55 | 43.65 | 56.72 | 67.55 | 38.49 | 25.44 |
| Loans & advances | 61.93 | 57.41 | 39.02 | 82.94 | 55.58 | 44.32 | 63.11 |
| Total current assets | 578 | 520 | 481 | 505 | 504 | 367 | 327 |
| Total current liabilities | 298 | 408 | 278 | 270 | 243 | 220 | 195 |
| Net working capital | 279 | 112 | 203 | 234 | 261 | 147 | 133 |
| Total assets | 731 | 913 | 932 | 1,124 | 1,109 | 993 | 863 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 35.12 | 41.45 | 53.66 | 63.91 | 34.55 | 20.59 | 26.15 |
| Net cash from operating activities | (81.15) | 259 | 162 | 125 | 56.84 | 88.66 | 157 |
| Net cash from investing activities | 190 | (41.27) | 193 | (11.57) | 6.28 | (53.37) | 78.13 |
| Net cash from financing activities | (94.59) | (224) | (367) | (124) | (33.76) | (21.33) | (241) |
| Net change in cash | 14.44 | (6.33) | (12.21) | (10.25) | 29.36 | 13.96 | (5.56) |
| Closing cash | 52.14 | 37.55 | 43.65 | 56.72 | 67.55 | 38.49 | 25.44 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -27.8% | +36.0% | -2.8% | +13.4% | +8.3% | -9.4% | - |
| EBITDA growth | -130.8% | +58.3% | +20.2% | -13.8% | +21.7% | -36.4% | - |
| PBT growth | - | +54.5% | +19.1% | -9.3% | +27.7% | -43.1% | +77.1% |
| Net income growth | -92.1% | +66.2% | +26.2% | -3.2% | +7.0% | -38.9% | - |
| Revenue CAGR (3Y) | -1.5% | +14.5% | +6.1% | +3.6% | +8.7% | +7.8% | +13.0% |
| EBITDA CAGR (3Y) | - | +18.0% | +8.1% | -12.6% | +14.2% | -15.4% | +1.7% |
| Profitability & leverage | |||||||
| Net income margin | -12.0% | +13.1% | +12.4% | +9.4% | +11.2% | +10.8% | +16.5% |
| Return on capital employed | +20.3% | +36.3% | +18.8% | +14.7% | +17.0% | +15.5% | +28.3% |
| Return on net worth | +3.0% | +32.4% | +18.2% | +13.5% | +15.1% | +15.4% | +27.9% |
| Debt / equity | 0.24 | 0.21 | 0.25 | 0.28 | 0.30 | 0.31 | 0.30 |
| Long-term debt / equity | 0.02 | 0.05 | 0.10 | 0.14 | 0.19 | 0.19 | 0.17 |
| Interest cover | -17.96 | 4.61 | 8.42 | 10.27 | 7.50 | 10.78 | 6.67 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 2.68 | 3.30 | 2.40 | 2.48 | 2.30 | 2.32 | 3.14 |
| Inventory turnover | 3.93 | 6.31 | 4.97 | 5.80 | 7.42 | 8.46 | 9.29 |
| Debtors turnover | 8.02 | 10.51 | 8.43 | 7.60 | 5.79 | 6.96 | 9.77 |
| EPS (₹) | (20.55) | 30.95 | 21.48 | 16.64 | 17.20 | 15.35 | 25.94 |
| Dividend per share (₹) | 9.00 | 13.00 | 13.00 | 5.00 | 9.00 | 5.00 | 23.00 |
| Book value per share (₹) | 79.42 | 110.79 | 108.63 | 125.93 | 120.01 | 108.54 | 91.38 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 241 | 199 | 182 | 155 | 229 | 368 | 182 | 259 |
| Revenue growth (YoY) | +5.2% | -45.9% | 0.0% | -40.2% | -38.6% | - | - | - |
| Other income | 11.00 | 11.00 | 14.00 | 13.00 | 27.00 | 12.00 | 7.00 | 20.00 |
| Total expenses | 213 | 466 | 151 | 128 | 206 | 310 | 195 | 187 |
| EBITDA | 28.00 | (267) | 31.00 | 27.00 | 23.00 | 58.00 | (13.00) | 72.00 |
| EBITDA margin | +11.6% | -134.2% | +17.0% | +17.4% | +10.0% | +15.8% | -7.1% | +27.8% |
| Depreciation | 2.00 | 1.00 | 2.00 | 2.00 | 1.00 | 2.00 | 1.00 | 2.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 37.00 | (257) | 43.00 | 38.00 | 49.00 | 68.00 | (7.00) | 90.00 |
| Tax | 9.00 | 8.00 | 9.00 | 10.00 | 12.00 | 24.00 | (3.00) | 23.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 774 | 1,198 | 806 | 898 | 651 | 496 | 716 |
| Revenue growth | -35.4% | +48.6% | -10.2% | +38.0% | +31.2% | -30.8% | - |
| Other income | 58.51 | 48.83 | 48.29 | 46.11 | 37.87 | 35.71 | 46.87 |
| Total expenses | 952 | 998 | 653 | 721 | 535 | 379 | 516 |
| Employee cost | 80.27 | 76.64 | 71.52 | 72.95 | 62.71 | 50.57 | 55.34 |
| EBITDA | (179) | 200 | 153 | 177 | 115 | 117 | 200 |
| EBITDA margin | -23.1% | +16.7% | +19.0% | +19.7% | +17.7% | +23.6% | +27.9% |
| Depreciation | 6.37 | 5.83 | 5.34 | 5.58 | 5.68 | 5.16 | 5.94 |
| Interest | 0.61 | 0.68 | 0.65 | 1.00 | 1.11 | 0.29 | 0.41 |
| Profit before tax | (127) | 242 | 195 | 216 | 146 | 147 | 240 |
| Tax | 39.11 | 66.26 | 42.12 | 51.34 | 35.49 | 34.78 | 54.36 |
| Net profit | 81.22 | 238 | 159 | 164 | 111 | 112 | 187 |
| Net profit margin | +10.5% | +19.9% | +19.7% | +18.3% | +17.0% | +22.7% | +26.1% |
| EPS (₹) | (24.21) | 25.62 | 22.20 | 23.56 | 15.84 | 16.06 | 26.58 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 13.73 | 13.73 | 13.79 | 13.99 | 13.99 | 13.99 | 13.99 |
| Reserves & surplus | 506 | 757 | 761 | 898 | 812 | 747 | 635 |
| Shareholders' funds (net worth) | 520 | 771 | 774 | 912 | 826 | 761 | 649 |
| Secured loans | 0.00 | 0.00 | 0.00 | 21.95 | 40.41 | 0.00 | 0.00 |
| Unsecured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.68 |
| Total debt | 0.00 | 0.00 | 0.00 | 21.95 | 40.41 | 0.00 | 0.68 |
| Total liabilities | 520 | 771 | 774 | 934 | 867 | 761 | 650 |
| Assets | |||||||
| Gross block | 148 | 125 | 114 | 109 | 112 | 97.80 | 93.80 |
| Net block | 96.66 | 80.18 | 73.51 | 73.88 | 80.02 | 71.43 | 70.80 |
| Capital work in progress | 0.00 | 0.00 | 0.05 | 0.24 | 0.55 | 0.33 | 0.00 |
| Investments | 270 | 574 | 557 | 629 | 597 | 579 | 503 |
| Inventories | 96.86 | 127 | 88.00 | 117 | 69.69 | 48.93 | 41.31 |
| Sundry debtors | 83.26 | 86.72 | 120 | 116 | 156 | 80.75 | 59.72 |
| Cash & bank balances | 20.71 | 21.52 | 23.74 | 48.87 | 14.46 | 25.27 | 6.57 |
| Loans & advances | 71.70 | 30.80 | 15.31 | 44.94 | 37.39 | 28.26 | 61.18 |
| Total current assets | 273 | 266 | 247 | 327 | 277 | 183 | 169 |
| Total current liabilities | 168 | 270 | 175 | 156 | 136 | 115 | 92.67 |
| Net working capital | 104 | (3.52) | 72.42 | 171 | 141 | 67.80 | 76.11 |
| Total assets | 520 | 771 | 774 | 934 | 867 | 761 | 650 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 19.36 | 21.84 | 46.07 | 11.02 | 21.53 | 2.24 | 12.89 |
| Net cash from operating activities | 16.18 | 253 | 195 | 136 | 7.91 | 101 | 117 |
| Net cash from investing activities | 65.53 | (76.95) | 93.93 | (11.51) | (8.31) | (73.58) | 79.68 |
| Net cash from financing activities | (82.58) | (179) | (313) | (89.54) | (10.11) | (7.95) | (208) |
| Net change in cash | (0.87) | (2.48) | (24.23) | 35.05 | (10.51) | 19.29 | (10.65) |
| Closing cash | 20.71 | 21.52 | 23.74 | 48.87 | 14.46 | 25.27 | 6.57 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -35.4% | +48.6% | -10.2% | +38.0% | +31.2% | -30.8% | - |
| EBITDA growth | -189.4% | +30.7% | -13.5% | +53.3% | -1.4% | -41.5% | - |
| PBT growth | - | +24.1% | -9.7% | +47.7% | -0.6% | -38.8% | +71.9% |
| Net income growth | -65.9% | +49.9% | -3.5% | +48.5% | -1.4% | -39.8% | - |
| Revenue CAGR (3Y) | -4.8% | +22.6% | +17.6% | +7.8% | +7.5% | -10.3% | +2.6% |
| EBITDA CAGR (3Y) | - | +20.2% | +9.4% | -4.0% | +1.2% | -19.0% | -1.3% |
| Profitability & leverage | |||||||
| Net income margin | -21.5% | +14.7% | +19.0% | +18.4% | +17.0% | +22.7% | +26.0% |
| Return on capital employed | +25.5% | +42.6% | +22.9% | +24.1% | +18.1% | +20.9% | +36.5% |
| Return on net worth | +12.6% | +30.8% | +18.2% | +19.0% | +14.0% | +15.9% | +28.2% |
| Debt / equity | 0.00 | 0.00 | 0.01 | 0.04 | 0.03 | 0.00 | 0.00 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | -0.33 | 0.35 | 0.44 | 0.58 | 1.01 | 0.26 | 0.21 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 5.66 | 10.00 | 7.21 | 8.13 | 6.21 | 5.18 | 8.01 |
| Inventory turnover | 6.91 | 11.13 | 7.87 | 9.63 | 10.97 | 10.99 | 18.12 |
| Debtors turnover | 9.11 | 11.58 | 6.82 | 6.61 | 5.51 | 7.06 | 14.11 |
| EPS (₹) | (24.21) | 25.62 | 22.20 | 23.56 | 15.84 | 16.06 | 26.58 |
| Dividend per share (₹) | 9.00 | 13.00 | 13.00 | 5.00 | 9.00 | 5.00 | 23.00 |
| Book value per share (₹) | 75.74 | 112.28 | 112.31 | 130.38 | 118.15 | 108.73 | 92.76 |
Peer Comparison of Symphony Limited
Symphony Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| HBL Engineering Limited Listed | ₹1,993.29 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Hyderabad, Telangana, India |
| GM Modular Private Limited | ₹1,931.38 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Mumbai, Maharashtra, India |
| Jash Energy Private Limited | ₹1,869.52 Cr (FY 2025) | •••• | •••• | 85.0% | •••• | Ahmedabad, Gujarat, India |
| Clarion India Private Limited | ₹1,728.39 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Pune, Maharashtra, India |
| Starion India Pvt. Ltd. | ₹1,635.45 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | New Delhi, Delhi, India |
| Microtek International Private Limited | ₹1,515.38 Cr (FY 2024) | •••• | •••• | -13.0% | •••• | New Delhi, Delhi, India |
| TDS Lithium-Ion Battery Gujarat Private Limited | ₹1,506.21 Cr (FY 2025) | •••• | •••• | -21.0% | •••• | Gujarat, India |
| Skynet Electronic Private Limited | ₹1,490.05 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Bangalore, Karnataka, India |
| Stove Kraft Limited Listed | ₹1,450.21 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Ramanagar, Karnataka, India |
| Hero Electronix Private Limited | ₹1,433.7 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | New Delhi, Delhi, India |
| Symphony Limited this company | ₹1,171.57 Cr (FY 2026) | •••• | •••• | -27.8% | •••• | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Symphony by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Symphony Limited
Symphony Limited is audited by DELOITTE HASKINS & SELLS for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DELOITTE HASKINS & SELLS | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Symphony Limited
Symphony has 7 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Santosh Kumar Nema Also directs: Zovanco LLP, Nmbrlogic Internet Private Limited | Director | 31 Jul 2019 | 7 Years 2 Months | Current |
| Reena Pravin Bhagwati | Director | 05 Feb 2019 | 7 Years 8 Months | Current |
| Jonaki Achal Bakeri | Director | 20 Aug 2014 | 12 Years 1 Months | Current |
| Achal Anil Bakeri | Managing Director | 26 Dec 2008 | 17 Years 9 Months | Current |
| Nrupesh Chandravadan Shah | Managing Director | 19 Oct 2002 | 23 Years 11 Months | Current |
| Ashish Rameshchandra Deshpande Also directs: Elephant Design Private Limited | Director | 22 May 2018 | 8 Years 4 Months | Current |
Shareholding Pattern of Symphony Limited
Shareholding for the quarter ended Sep 2026: promoters hold 73.40%, foreign institutional investors hold 2.40%, domestic institutional investors hold 8.50% and retail and other public shareholders hold 15.70%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 73.40% | 73.40% | 73.40% | 73.40% |
| Public | 26.60% | 26.60% | 26.60% | 26.60% |
Charges & Borrowings of Symphony Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 May 2023 | Standard Chartered Bank | ₹200 Cr | Open |
| 16 Mar 2023 | Hdfc Bank Limited | ₹39 Cr | Open |
| 10 Jun 2021 | Others | ₹75 Cr | Open |
| 22 Nov 2018 | Standard Chartered Bank | ₹117.35 Cr | Open |
| 23 Feb 2016 | Corporation Bank | ₹50,000 | Open |
Total charge records: 14 View all charges
Deals & Funding of Symphony Limited
Symphony Limited has 11 deals on record (11 market trades); the latest was in May 2025.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2025 | Market trade | ₹60.1 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
| Aug 2024 | Market trade | ₹57.32 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
| Aug 2012 | Market trade | ₹18.94 Cr | Buyer: Goodwill Warehousing Private Limited Seller: an individual |
| May 2009 | Market trade | ₹39.5 Lakh | Buyer: an individual Seller: Rowenta Networks Private Limited |
| May 2009 | Market trade | ₹1.09 Cr | Buyer: 2 individuals Seller: Blubay Technologies Private Limited , Rowenta Networks Private Limited |
Full deal history
All 11 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Symphony Limited
Symphony Limited has 166 court cases on record: 125 filed by Symphony, 35 filed against it, 6 where it is another party. 12 cases are pending and 154 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 96 | 23 | 5 |
| District courts | 65 | 8 | 7 |
| NCLAT | 3 | 2 | 0 |
| Supreme Court | 2 | 2 | 0 |
Cases on record (5 of 166)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Commercial matter | Filed by the company against Sharepro Services (India) Private Limited | Pending |
| High Court of Gujarat | Appeal | Filed by the company against Groupe Seb India Private Limited | Pending |
| District court, Ahmedabad, Gujarat | Court case (SPCS) | Filed by the company against Bizzcat Tech Solutions and Services Private Limited | Pending |
| High Court of Delhi | Commercial suit | Filed against the company by Crompton Greaves Consumer Electricals Limited | Disposed |
| High Court of Gujarat | Court case (AO) | Filed against the company by Summer Cool Home Appliances Limited | Disposed |
Full case history
All 166 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME Payment Delays by Symphony Limited
Symphony Limited has 22 MSME Form 1 returns on record between 2017 and 2023, listing 2,912 overdue payments to 185 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 185)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Srigee DLM Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Shree Balaji Printing & Packaging Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 22 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Symphony Limited
Symphony operates one associated brand: Symphony Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Air coolers brand | symphonylimited.com |
Employees and EPFO Compliance at Symphony Limited
Symphony Limited has a workforce of 457 employees as of Jul 05, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Name History of Symphony Limited
Symphony has undergone 2 name changes throughout its history. The company was previously known as Symphony Comfort Systems Pvt Ltd, and Symphony Comfort Systems Ltd. The current legal name is Symphony Limited.
| Company Name | Status |
|---|---|
| Symphony Limited | Current |
| Symphony Comfort Systems Pvt Ltd | Previous |
| Symphony Comfort Systems Ltd | Previous |
News related to Symphony Limited
Recent Activity on Symphony Limited
Symphony Limited has 22 board changes on record since 2002: 15 appointments and 7 cessations. The latest: Naishadh Indrakant Parikh ceased to be Director on 12 Aug 2025.
42 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Symphony Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Symphony Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Symphony Limited
Symphony has 35 GST registrations: 24 active and 11 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCS6739B1ZK | Gujarat | Active | 01 Jul 2017 |
| 24AACCS6739B4ZH | Gujarat | Active | 21 Jul 2017 |
| 24AACCS6739B1CV | Gujarat | Active | 11 Jul 2023 |
| 03AACCS6739B1ZO | Punjab | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Symphony Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Symphony Limited
Symphony is an active public limited company based in Ahmedabad, Gujarat, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 05 February 1988 (38+ years old) and is registered under CIN L32201GJ1988PLC010331. Listed on BSE: 517385 and NSE: SYMPHONY.
Symphony reported revenue of ₹1,171.57 Cr for FY 2025-26 (down 27.8% YoY) based on consolidated financials.
Symphony has 7 current directors:
- Achal Anil Bakeri - Managing Director
- Nrupesh Chandravadan Shah - Managing Director
- Santosh Kumar Nema - Director
- Reena Pravin Bhagwati - Director
- Jonaki Achal Bakeri - Director
- Ashish Rameshchandra Deshpande - Director
- Malavika Ramanathan Harita - Director
The GSTIN of Symphony is 24AACCS6739B1ZK, registered in Gujarat. The company has 35 GST registrations in all, of which 24 are active and 11 are cancelled or inactive. Other active GSTINs include 24AACCS6739B4ZH (Gujarat), 24AACCS6739B1CV (Gujarat), 03AACCS6739B1ZO (Punjab).
The CIN (Corporate Identification Number) of Symphony is L32201GJ1988PLC010331. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Symphony is listed on both BSE (code: 517385) and NSE (symbol: SYMPHONY).
Symphony has 166 court cases on record: 125 filed by the company and 35 filed against it. 12 are pending. Most are in the high courts.
Symphony was incorporated on 05 February 1988, making it 38+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Symphony has 11 deals on record (11 market trades); the latest was in May 2025.
The peers of Symphony by revenue are HBL Engineering Limited, GM Modular Private Limited, Jash Energy Private Limited, Clarion India Private Limited, Starion India Pvt. Ltd. and 5 more, all in the Consumer Durables industry (Electronic Appliances Manufacturing).
Naishadh Indrakant Parikh ceased to be Director on 12 Aug 2025. Malavika Ramanathan Harita was appointed as Director on 06 Aug 2024. Bhadresh Vinaychandra Mehta ceased to be CFO on 30 Sep 2021. Symphony has 22 board changes on record in total.
Symphony has 22 MSME Form 1 returns on record between 2017 and 2023, listing 2,912 overdue payments to 185 micro and small suppliers. The latest return was filed on 09 Nov 2023.